Credit building credit cards, also known as secured credit cards, allow the user to deposit a certain amount of money as collateral in order to receive the card. The higher the amount deposited, the higher the credit limit. Websites such as Credit and Bankrate offer information on how to obtain credit building credit cards.
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In 2015, some of the best credit cards for individuals with no credit were the Capital One Platinum Credit Card, Discover it Secured Credit Card, and the Citi Secured Mastercard. These cards were good options for building credit history and establishing a positive credit score.
One can apply for credit cards with rewards at websites such as Credit Cards and Credit. Other websites that one can apply for these cards at include Visa and TTBank.
"Some advantages to a capital one credit card are fundraising credit cards, the card building lab, rewards with no hassles, and online guide to your finances."
One can find our more information about how credit cards work by visiting your local bank or credit card issuer and asking for information pamphlets about credit and credit cards.
Some of the best credit building credit card options in the UK include Aqua, Vanquis, and Capital One. These cards are designed for individuals with limited or poor credit history and can help improve your credit score over time with responsible use.